Discover the perfect blend of charm and convenience with this delightful mixed-use property, ideally situated in the vibrant heart of Downtown Morristown. Just a short stroll from the train station, public transit, restaurants, theaters, and more, this versatile space is a rare find. The first floor features three private offices, a welcoming reception area, a comfortable waiting room, a kitchenette, Print and Copy Area, and a bathroom. The upper level offers cozy apartments or offices, providing an excellent opportunity for rental income or the option to live on-site while managing your business downstairs, convert the entire building into a stunning single-family townhome style, or hold it as a lucrative investment. Approx 3,586 SF an additional 192 SF Porch and 192 SF 2nd floor balcony. Permitted uses include: Office (General & Professional), Medical, Art gallery, Child-care center, single-family, and multi-family. Additionally, this property is connected (attached dwelling - Different Owner) to 2 Perry Street, .Don't miss this unique chance to establish your business or enhance your investment portfolio in a thriving community!
1 Car Width, Crushed Stone, Off-Street Parking, On-Street Parking
Garage spaces
6
CITY
Morristown Town
COUNTY
Morris
STATE
NJ
TAX AMOUNT
12722.0
LATEST UPDATE
2026-05-10T00:41:13.744Z
PRICE CHANGE(S)
$1,475,000 May 9, 2026
$1,450,000 May 9, 2026
Property Details
Property TypeCommercial
StatusActive
Property Sub TypeApartment Complex
Square Feet3,500
MLS #4026474
Bathrooms (Half)4
FlooringTile, Wood
Heating3 Units, Cent Register Heat, Forced Hot Air
Cooling3 Units
Utility FeaturesElectric, Gas In Street
SEWERPublic Sewer
WATER SOURCEPublic Water
Year Built1870
BasementFinished-Partially, Walkout
RoofAsphalt Shingle
EXTERIOR FEATURESCedarSid
PARKING SPACES6
Parking Features1 Car Width, Crushed Stone, Off-Street Parking, On-Street Parking
Garage spaces6
CITYMorristown Town
COUNTYMorris
STATENJ
TAX AMOUNT12722.0
LATEST UPDATE2026-05-10T00:41:13.744Z
PRICE CHANGE(S)
$1,475,000 May 9, 2026
$1,450,000 May 9, 2026
Market Trends
New Properties On Market
85
215%
Increase In New Listings
Average Asking Price
$873,454
$8,298 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$331
$38 Increase In List Price/Sq. Ft.
Average Days On Market
4
10 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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